The united kingdom Gambling Commission has weighed in on skin-betting, the practice of gambling with virtual in-game items, branding the third-party sites that facilitate such gambling ‘parasitic.’
Sarah Harrison UKGC chief exec believes that the level of visibility of young visitors to skin-gambling is ‘worrying.’ The regulator guaranteed the world’s first prosecution associated with gambling with in-game things in January.
The video games industry needs to do more to counter these web sites, which present ‘a clear and danger that is present players, including kids,’ said Sarah Harrison, UKGC chief-exec.
What is Skin-betting?
Skin betting, named for he colorful designer weapons in video game Counter Strike: Global Offensive, grew into a multi-billion buck industry year that is last.
Since skins appear in varying degrees of rarity and can be traded between players, in addition to transferred to third-party sites, they’ve attained a ‘real-world’ value, which means they may be utilized by for gambling.
And since a large part of the public that is video-gaming under the legal gambling age, and third-party skin gambling sites are unlicensed and come with no regulatory checks and balances, they pose a significant threat to children, said Harrison.
‘Mums and dads could be providing money up to a child thinking that they are playing a pc game when in reality they have been gambling and this can be a real worry,’ she said. ‘Gambling o [Read more…] about UKGC Brands Skin Betting Operators ‘Parasites’